finance

Today's Bank of Greece Interim Report on Monetary Policy depicts a healthy economy, but warns that stronger growth is needed to fully overcome the economic crisis.

At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).

Finally, healthcare financing as a percentage of GDP decreased to 8.5% in 2022 from 9.18% in 2021, as per the Health Accounts System report.

This means that the HFSF will raise more than 1.3 billion euros with reports indicating that managers have already received orders exceeding nine billion euros.

Despite pressures, such as inflation in Europe and tensions in Ukraine and the Middle East, the Greek tourism sector is set to again exceed expectations

The record-breaking performance of the Greek tourism sector in 2023 is reflected in the Bank of Greece (BoG) provisional data published, as 32.73 million tourists visited Greece, compared to 31.34 million in 2019

Greek Tourism Minister Olga Kefalogianni took part in a teleconference organized by the Greek-American Chamber of Commerce

As the analysis notes, in 2022, a 68% surge was reported, with property investments reaching 2 billion euros, with the 9-month-term 2023 data marking a 29% uptick compared to the corresponding period of the previous year.

Alpha Finance maintained a “buy” recommendation for the stock.

However, supermarkets and department stores saw a decline in EBITDA profits by 9.06% to a 613.3 million euros in 2022 compared to 674.5 million euros in 2021, as this sector had experienced unprecedented profits during the pandemic period of 2020-2021

A common action plan was agreed upon to achieve the objectives of the Memorandum of Understanding.

Consumers express frustration, unable to find a clear answer to the fundamental question of whether electricity will be cheaper or costlier come the New Year.